The Distributional Impact of Price Changes in Hungary and the United Kingdom
提出一种新方法,利用家庭预算调查数据计算商品的分配特征,衡量价格变动对购买力分布的影响,并应用于匈牙利和英国,发现过去十年中价格变动的分配效应可忽略不计。
In Soviet-type economies, commodity prices were distorted as part of the redistributive system of the state, but with the transition, prices have been liberalised and taxes made more uniform. Has this change adversely affected the distribution of purchasing power? The paper develops a new method of measuring the distributional impact of price changes by computing the distributional characteristics of commodities from household budget survey data, and applies it to Hungary and the United Kingdom, finding that the distributional impacts over the past decade were negligible and not significantly different from zero in both cases.